Liggins has plans for that dough
What is Radio One going to do with the cash from its 137.5 million bucks sale of KRBV-FM Los Angeles to Bonneville International? CEO...
Continuing the “Bear” essentials
The sector is so out of favor that the entire contingent of Wall Street analysts focused primarily on broadcasting stocks could easily fit in a single New York City taxi.
Clear Channel tender bumped again
Players are not talking so the only thing we can say for sure is that if the deal doesn’t close, there will be lawyers racing to the courthouse to sue someone.
Satellite radio subscribers slip
The two satellite radio companies operating in the US may be burning through cash like Eliot Spitzer in a hotel room, but at least...
Google wins 700 MHz auction
How’s that? Google didn’t win the bidding for any of the spectrum. AT&T, Verizon and Dish Network will shell out the big bucks for their spectrum buys. But Google got what it really wanted out of the auction – access.
National CineMedia to test AudienceGames on the Big Screen
National CineMedia and Brand Experience Lab have entered into an exclusive partnership to bring AudienceGame interactive gaming to the big screen. The new relationship...
Tribune holds the line on expenses
There were lots of special items in the Q4 and 2007 financial results issued by Tribune Company, due to the buyout of public shareholders...
Disney stores heading home
The 100 million bucks acquisition of the Disney Store chain in the US by The Children’s Place retail chain (10/21/04 RBR #206) has gone...
Clear Channel has everyone guessing
Will the 26.7 billion bucks buyout close next week, or won’t it? Rumors are flying that some of the lenders want out. But Thomas...
Political hot in Indiana, North Carolina and Wisconsin
Weekly tracking by Vic Miller and his team at Bear Stearns credits the jump in political ad spending for the week of March 16th...
Spitzer story makes mega-splash
Gee, do you suppose the story of a well-known governor being caught up in a prostitution scandal would move the meter in the weekly measurement of media coverage by the Project for Excellence in Journalism?
Clear Channel tender pushed back
It now looks like closing of the deal to take Clear Channel Communications private won’t be this week. The company’s bond tender, which had...
Gores Group invests more in WW1
Westwood One announced that Gores Group has closed the second tranche of its investment in WW1. It bought an additional 7,142,857 shares of WW1...
They sure look local
After seeing the FCC’s latest tally of broadcast stations this reader was puzzled by the Commission’s current hand-wringing over localism.Amazing, isn’t it? 29,593 broadcast...
Down month for Journal
February was a down month across the board for Journal Communications. Radio revenues were down 11.5% to 5.17 million and television was down 2%...